Penguin Solutions, Inc/$PENG

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About Penguin Solutions, Inc

Penguin Solutions Inc is an end-to-end technology company engaged in Intelligent Platform Solutions, Integrated Memory, and Optimized LED business. Its product include Servers, software, OCP HPC & AI system, Racks and Edge. Servers include AMD-based Serves, Intel-based Servers, etc. Software products include Scyld ClusterWare, Scyld Cloud Central, etc. OCP HPC & AI Systems includes OCP Servers & Storage and etc.

Ticker

$PENG

Sector

Semiconductors
Primary listing

Employees

2,700

PENG Metrics

BasicAdvanced
$1.3B
-
-$0.28
1.98
-

Bulls say / Bears say

Penguin Solutions posted Q2 FY2025 net sales of $366 million, up 28.3% year-over-year, and raised the midpoint of its full-year revenue forecast.
Advanced Computing revenue jumped 49% year-over-year to $177.4 million in Q1 FY2025, pointing to strong demand for the company's AI infrastructure solutions.
The company improved its balance sheet by refinancing a $400 million revolving credit facility and ended Q2 with $621.7 million in cash and short-term investments, reducing leverage and increasing liquidity.
Non-GAAP gross margin contracted 70 basis points to 30.8% in Q2 FY2025, signaling profitability pressure due to competitive pricing and supply chain costs.
Optimized LED segment revenue fell 10.2% year-over-year to $60.1 million in Q2 FY2025, highlighting ongoing challenges from weak demand and oversupply in the LED business.
The board approved a redomiciliation from the Cayman Islands to the United States in March 2025, introducing potential one-time transition costs and regulatory complexity.
Data summarised monthly by Lightyear AI. Last updated on 1 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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